6 articles tagged with “energy infrastructure”
Africa's largest refinery has achieved its initial design capacity of 650,000 barrels per day, positioning Nigeria to reduce refined product imports and potentially reshape regional petroleum markets.
Nigeria's oil production declined to 1.627 million barrels per day in recent reporting, missing both budget projections and OPEC quotas, while Dangote Group signed a $400 million equipment deal with China's XCMG to double refinery capacity to 1.4 million bpd.
Industry executives warn Nigeria's declared 'Decade of Gas' requires immediate upstream capital deployment, while state-owned Niger Delta Power Holding Company advances risk mitigation protocols at thermal facilities amid chronic generation shortfalls.
ExxonMobil, Commonwealth LNG, Eni, and PTTEP are progressing major production facilities across four continents, adding 3 million tonnes per year of LNG capacity and new offshore oil developments in Guyana and Malaysia.
Nigerian oil marketer Eterna Plc has rolled out self-service fuel stations with tech startup Fuelmetrics, introducing automated pumping to Africa's largest economy as political tensions flare over the country's electricity crisis.
As global liquefied natural gas capacity prepares for significant expansion between 2026-2030, Nigeria's underutilized gas reserves present both an opportunity and a challenge for the nation's energy sector and broader economic development.